FTSE Elliott Wave Analysis for Wednesday 05/07/2023

In the higher timeframe, we are probably doing a pullback. Also, the lower timeframe looks bearish. For today, we see an opportunity to go short (with the main direction). Traders should wait for a clear ABC up and then initiate a short.
Elliott WaveelliotwaveanalysisFibonacciFTSEftse100FTSE MIB Indexftsemib_analysisSupport and Resistance

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